Hints and tips:
...Upon announcing a split into three separate companies in June, the Michigan-based food group Kellogg said it would place the headquarters of the biggest one in Chicago....
...Since 2012, the Tod’s Group has pledged to donate one per cent of its annual net profits to social responsibility efforts, particularly in the Marche region, where it funds an anti-violence centre, a social...
...A January Forbes article named SBF as one of the group’s (then) billionaire backers....
...A version of this article was first published by Nikkei Asia on December 7 2022. ©2022 Nikkei Inc....
...problems hit a company’s bottom line) or the “output” (how a company’s footprint in the world affects the climate and social fabric)....
...A surge in trading, fuelled initially by retail investors on social media, boosted a handful of unfashionable listed companies....
...“The question is whether our equity markets are as efficient as they could be in light of the technological changes and recent developments,” he said at a conference held by Piper Sandler in New York....
...C Saatchi audits (FT)...
...“My body physically hurts all the time and mentally I’m in a really dark place,” said another....
...Fighting dirty: making sense of huge French M&A mess One French water and waste group, Veolia, wants to buy fellow French water and waste giant, Suez....
...Within the sector we are upgrading Barratt Developments to ‘Outperform’....
...Victoria Rosamond has rejoined White & Case’s New York office as a partner in its M&A practice. She was previously at Katten Muchin Rosenman....
...Precedent M&A suggests assigning EV/EBITDA multiples in a range of 2.0-4.0x but with a premium for companies in a high-capex cycle of development growth (CNE, LUNE pre-Sverdrup first oil) or with sustainable...
...Developments are delayed due to social distancing measures. Hotel and leisure closed, with turnover rents severely impacted. Footfall in shopping centres has all but disappeared....
...more of a primary event), UK P&C (~14% of premium), and then the multilines (~10%)....
...Smurfit Kappa hasn’t cancelled its dividend to fund M&A, which is a relief for shareholders and a disappointment for those of us who like writing about M&A....
...GILD’s c$15bn cost base vs $11bn core op.income, of which c$5bn lies in R&D/SG&A), but also require very significant job cuts at a time of global economic hardship....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...For a more ADHD approach to AV, the Telegram Markets Live chat group has crowdsourced moment-by-moment commentary....
...At the Group level, Pest Control is roughly 70% of which 70% is contracted revenues (however it seems that part of the revenue base might be impacted as well), c.10% is non-contracted residential, c.10%...
...UK recovery will be slower than peers: (a) larger service sector: (b) weakness of business investment: (c) lack of clear social distance messaging....
...I’m a business guy. I’m boring. I’m a dad. I don’t really want to do this for the rest of my life,” he said....
...But a more precise understanding of biology has led pharmaceutical companies to focus research and development efforts on treatments for rarer diseases, often aimed at small sub groups with a particular...
...Should the hotel group, in which Kwek’s City Developments Limited owns a 65 per cent stake, be valued as a hotel group or a property company with intriguing prospects....
...It’s not every day you go to a place and say, ‘I’m going to start building a new city.’” A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc....
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